The stock of Canadian Western Bank (TSE:CWB) is a huge mover today! About 61,958 shares traded hands. Canadian Western Bank (TSE:CWB) has risen 2.92% since March 30, 2016 and is uptrending. It has outperformed by 1.71% the S&P500.
The move comes after 6 months positive chart setup for the $2.28B company. It was reported on Nov, 3 by Barchart.com. We have $34.37 PT which if reached, will make TSE:CWB worth $775.20M more.
Canadian Western Bank (TSE:CWB) Ratings Coverage
Out of 7 analysts covering Canadian Western Bank (TSE:CWB), 0 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 0 are positive. $106 is the highest target while $23 is the lowest. The $26.44 average target is 3.08% above today’s ($25.65) stock price. Canadian Western Bank has been the topic of 28 analyst reports since August 12, 2015 according to StockzIntelligence Inc. GMP Securities downgraded the shares of CWB in a report on Friday, June 3 to “Hold” rating. Scotia Capital maintained Canadian Western Bank (TSE:CWB) rating on Friday, September 4. Scotia Capital has “Sector Perform” rating and $26 price target. Scotia Capital maintained Canadian Western Bank (TSE:CWB) rating on Friday, June 3. Scotia Capital has “Sector Perform” rating and $27 price target.
More notable recent Canadian Western Bank (TSE:CWB) news were published by: Business.Financialpost.com which released: “Canadian Western Bank reignites concerns about energy loan losses at big banks” on May 03, 2016, also Theglobeandmail.com with their article: “Canadian Western Bank profit tumbles on higher loan loss provisions” published on June 02, 2016, Fool.ca published: “Canadian Western Bank Is Not a Value Trap” on January 07, 2016. More interesting news about Canadian Western Bank (TSE:CWB) were released by: Business.Financialpost.com and their article: “The market may have it wrong on Canadian Western Bank” published on September 30, 2015 as well as Business.Financialpost.com‘s news article titled: “Terra Energy Corp shuts down operations after Canadian Western Bank demands …” with publication date: March 21, 2016.
Canadian Western Bank is a Canada bank that offers personal and business banking. The company has a market cap of $2.28 billion. The Bank is engaged in the business of commercial, equipment financing, real estate construction financing and energy lending. It has a 11.4 P/E ratio. It offers personal banking services, including savings accounts, mortgages, home equity lines of credit, personal loans and investment products through its branch network across Western Canada.
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